Posts by Rachel
Your Latest Scarcity Index Update!
How sought-after are your coins? Let’s find out with the latest Scarcity Index update!
We’re delighted to share with you the latest A-Z 10p, 50p and £2 coin indexes, with all the information you need to see how sought-after the coins in your collection really are.
This information has been compiled using data from the Change Checker Swap Centre (find out how it works here) and presented in the easy to use indexes below, with arrows to signify how many places up or down a coin has moved since the last Scarcity Index to help you track the performance of your coins.
A-Z 10p Scarcity Index
We’re now starting to see the A-Z 10p Scarcity Index stabilise as more data is gathered from the Change Checker web app to give a more accurate representation of how sought-after each design is.
K for King Arthur and S for Stonehenge remain at the top of the index and these along with F for Fish and Chips, Y for Yeoman Warder and R for Robin are the top 5 you’ll want to be looking out for.
Are you lucky enough to have any of these in your collection?
The biggest movement on the index is an 11 place drop going to P for Postbox, which is now amongst the 5 least scarce A-Z 10p coins.
V for Villages still remains at the bottom, but I for Ice Cream has jumped up 4 places to move out of the bottom 5 coins.
It’s important to note that the A-Z 10p Scarcity Index is currently based on estimated mintage figures, assuming each coin has been struck in equal quantities. This includes the extra 2.1 million coins released in 2019. It will certainly be interesting to see what happens to the index once the official mintage figures are confirmed.
50p Scarcity Index
We all know that the Kew Gardens is the UK’s most sought-after 50p and unless it’s revealed that another 50p has an even lower mintage figure, this won’t change and we’ll continue to see the Kew Gardens at the top of the 50p Scarcity Index.
There’s been some small movements amongst the Olympic 50ps which dominate the top end of the index, with some of the coins moving a few places here and there and the Gymnastics 50p actually increasing in scarcity by 5 places.
The scarcest of the non-Olympic commemorative 50ps is Jemima Puddle-Duck, who’s position remains unchanged for this update.
Despite having a lower mintage figure, the 2017 Sir Isaac Newton sits one position below Jemima Puddle-Duck on the index, making these two and the Kew Gardens the only three coins to break up the Olympic 50ps.
Volleyball has actually moved down the index by 7 places, making it the second least scarce Olympic 50p.
Team GB rose up the index by 9 places at the last index, but has now moved back down 11 places to sit in the bottom 5 least scarce 50p coins in circulation.
£2 Scarcity Index
As with the Kew Gardens 50p, the Commonwealth Games Northern Ireland continues to sit at the top of the index due to its incredibly low mintage figure.
The other Commonwealth Games £2 coins have had a small shuffle around, with Scotland taking the spot for second scarcest £2 in circulation.
The rest of the £2 index has only seen minor changes, which is to be expected as we haven’t seen new £2’s entering circulation since 2017.
However, one change to note is the Great Fire of London, which has moved 4 places up the index.
This is actually due to the updated mintage figures which reveal that whilst the coin was previously listed with a mintage of 5,135,000 there are actually only 1,625,000 of these coins in circulation. We’ve updated our mintage figure charts to reflect this, as well as the changes to the 2016 Peter Rabbit 50p, Shakespeare Histories and Shakespeare Tragedies £2 mintage figures.
How your Scarcity Index works
Generally collectors have had to rely upon mintage figures to identify the scarcest coins. But they only tell part of the story. Trying to find a good quality coin from 15 – 20 years ago, even for a higher mintage issue, is much more challenging than a more recent issue, as coins become damaged over time and are ultimately removed from circulation.
Additionally, some designs are more hoarded than others by people who might not normally collect coins – the poignant First World War £2 Coin series being an example. Finally, it can be up to a couple of years before the Royal Mint eventually confirms the actual mintage for an issue.
That’s why we have combined the mintage information with two other key pieces of information.
- How many of each design are listed as “collected” by Change Checkers, indicating the relative ease of finding a particular coin.
- The number of times a design has been requested as a swap over the previous 3 months, showing the current level of collector demand.
Importantly, as new coins are released and popularity rises and falls across different designs the Scarcity Index will be updated quarterly allowing Change Checkers to track the relative performance of the UK’s circulation coins.
How much are my coins worth?
The Scarcity Index does not necessarily equate to value but it is certainly an effective indicator. For example, the Kew Gardens 50p coin commands a premium of up to 200 times face value on eBay.
You can use the 6 point guide to help you determine a more realistic value for your coins.
What about £1 Coins?
The £1 Scarcity Index has already been published for the Round £1 coins and, because they are no longer being issued, this is now set in stone.
If you’re interested in coin collecting, our Change Checker web app is completely free to use and allows users to:
– Find and identify the coins in their pocket
– Collect and track the coins they have
– Swap their spare coins with other Change Checkers
Sign up today at: www.changechecker.org/app
Your chance to own future UK 50p and £2 coins for FACE VALUE!
With fewer coins going into circulation these days, we want to give collectors a fair chance to secure the latest UK coins for face value. And, with our Face Value Coin Ballot – you can do just that!
Simply sign up to the Face Value Ballot and each time there’s a new UK 50p or £2 released, you’ll be entered into our ballot for your chance to get your hands on it for just face value POST FREE!
For new UK 50ps, we randomly select 1,000 people from the ballot entries list to get the latest coin in superior Brilliant Uncirculated quality for just 50p, and for new UK £2 coins, 500 lucky winners will be randomly selected to get theirs for just £2.
If you’re lucky enough to be chosen, we’ll still keep your name in the pot for all future releases – so if you’re really lucky, you might even get picked more than once!
And don’t worry, if you’re selected as a winner but decide you no longer want to purchase the coin at face value, you’re under no obligation to place your order.
Sign up to the Face Value Coin Ballot for FREE today >>
FAQs
1. How do I enter the Face Value Coin Ballot?
Simply click here and follow the step by step instructions.
2. Does it cost anything to enter the ballot?
No, it’s FREE to enter the Face Value Coin Ballot. If you are successful, we’ll email you a link to pay for your coin at face value post free.
3. Who can enter the Face Value Coin Ballot?
The ballot is open to all UK residents.*
4. If I entered the ballot previously, do I need to sign up again year?
No, if you’ve previously entered the ballot, you’ll be automatically entered for future releases – so you don’t have to do anything!
5. How many times can I enter the ballot?
Ballot entry is limited to one per household. Additional applications will not be entered into the ballot.
6. Will I need to enter the ballot each time a new coin is released?
No, you only need to enter once to be included in the ballot for all upcoming UK new issue 50p and £2 coins.
7. Will I need to enter again if I win a ballot?
No, even if you win, we’ll still automatically include you in the next ballot.
8. How will I know if my ballot entry has been successful?
The successful ballot entrants will be notified via email on launch day. You will have 7 days to confirm your reservation.
9. If I am successful, what do I need to do?
We’ll email you with a link to purchase your new coin for face value. You’ll need a credit/debit card to confirm your payment. Payment will not be taken until after the coin has been despatched.
10. If I am successful, when will I receive my coin?
You should receive your coin 3-5 working days after despatch.
11. If I am successful, do I have to complete my order?
If you are successful in the ballot, you have the choice of whether you wish to complete your application by making your payment. If you choose not to, there is no obligation to place your order and your allocation will automatically be forfeited after 7 days.
How to contact us:
If you have further questions please click here to contact our Customer Service Team
Please do NOT add [email protected] to your spam list as it may affect you receiving your successful ballot allocation. We recommend you add [email protected] to your safe senders list.
Terms & Conditions
- Ballot entry is limited to one per household. Additional applications will not be entered in to the ballot.
- The ballot will be drawn up to three days before each launch.
- The successful ballot entrants will be notified by email on the day the new coin is released.
- Successful entrants will be provided with an exclusive link to confirm their purchase of the newly released coin at face value. Please note that entrants must use the link from the email to secure the coin. We will not be able to place the order over the phone. Successful entrants will have 7 days in which to confirm their purchase. After that time their allocation will be forfeited.
- We reserve the right to vary the terms and conditions at any time, including, but not limited to, stopping the Face Value Ballot completely, closing the ballot early or extending the closing date and varying the number of coins available.
- *The ballot is not open to employees of 288 Group or their families.
Fascinating Finds: a road trip through the pockets of the Eurozone
Who else has started drawing up a destination wish-list and going holiday window shopping in preparation for this year’s adventures?
I know I certainly can’t wait for the holiday season and for me, one of the best things about going abroad is the discovery and experience of new cultures, and that includes foreign currency. As a Change Checker, I’m sure you’ll love looking at the different designs as much as I do, and since each currency is unique to its country, you’ll find there is always a story to tell from the change you find abroad.
In fact, we’ve come across some truly fascinating coins from Europe, so if you’re like me and are already planning your next getaway, make sure you keep an eye out for some of these gems when you jet off…
Spain
An ever popular tourist destination for us Brits is Spain, and I’m sure that the Spanish euro is one that many Change Checkers would recognise. All euros issued before 2015 feature the portrait of King Juan Carlos I who reigned as the King of Spain from 1975 until his abdication in 2014 when his son Felipe VI took over the royal duties. King Juan Carlos I was an interesting Head of State because he was not born in the country he eventually came to rule, his family having been exiled to Italy due to the abolition of the Spanish Monarchy in 1931. However, following a coup d’état in 1936 the dictator Generalísimo Francisco Franco took control of the Spanish government, and 11 years later reaffirmed Spain’s status as a Monarchy. This 2009 2 euro coin designed by Luiz José Diaz depicts King Juan Carlos I encircled by the lettering “ESPAÑA” and the twelve stars of Europe.
Portugal
Portuguese euros are in a league of their own as, unusually, they follow a theme (with the exception of commemorative euros) and the designs do not vary from year to year. Throughout Portuguese coinage you will find various royal seals of the past: the cross of Knight Templar from 1134, the Rota with cross from 1142 and the Compass rose from 1144, each featuring at the centre of the copper covered steel coins (1, 2 and 5 cents), Nordic gold coins (10, 20, 50 cents) and bi-metallic coins (1 and 2 euros) respectively. What is also distinct about Portuguese euros is that they feature a second circle of emblems below the 12-star requirement. This second ring is made up of 7 castle towers and 5 shields, to symbolise dialogue, the exchanging of values and the dynamics of building Europe. This additional design feature was deliberately added as a point of difference in comparison with other Eurozone coinage.
France
With 19 out of the 28 EU member countries using the euro, and each country minting its own unique designs, you’re bound to come across some weird and wonderful looking coins, many of which have been chosen or designed by the public. The French 1 and 2 euro coins are stunning examples of this. 1,200 applicants submitted their designs for the obverse and the successful entry was chosen by a jury. The winning entry by Joaquim Jimenez features a stylised tree in a hexagon, framed by the motto of the French revolution: ‘liberté, égalité, fraternité’.
Italy
Similar to their French neighbours, the public had a hand in choosing the designs for the Italian euros, with each denomination featuring a different image. Designs featuring works by famous Italian artists were scrutinised by a technical and artistic committee before being presented to the public to vote. However, in a twist of events during the selection process, the 1 euro coin designs were withdrawn and the former economy minister Carlo Azeglia Ciampi took it upon himself to make an executive decision. He decided Leonardo da Vinci’s Vitruvian Man was the best option, reasoning that the design represents the ‘coin to service of Man’ as opposed to ‘Man to the service of money’.
Some of the most iconic pieces of art featured in winning designs include Botticelli’s Birth of Venus on the 10 cent coin, the Equestrian Statue of Emperor Marcus Aurelius on the 50 cent coin and the 2 euro coin features a portrait of Dante Alighieri from Raphaël’s La disputa del sacramento (Disputation of the Sacrament) which you can find in the Pope Julius II Wing of the Vatican City Palace.
If you’re considering popping to the Vatican Palace to see the Raphaël masterpiece, you might want to try and track down some of the most coveted euros – Vatican euros. Euros issued by the Philatelic and Numismatic Office of the Vatican City State are easily some of the rarest euros you may come across, especially the 1 and 2 euro coins issued in 2011, as only 6,000 coins were minted! Vatican euros are minted with collectors in mind rather than for commercial use, and with the number of coins minted being so small, the collector value is incredibly high. You’re very lucky if you find one of these in your pocket!
Netherlands
Dutch euros are unique in the sense that they only bear one motif, that of the reigning monarch. The first generation euros, issued until 2013, feature the effigy of Queen Beatrix. It is customary in the Netherlands to change the direction the portrait of the monarch is facing whenever a new monarch ascends the throne, so Queen Beatrix can be seen looking to the left whilst the image of King Willem-Alexander featured on second generation euros from 2014 onwards faces right.
A special ‘first’ to feature in this list is the 2003 1 euro coin from the Netherlands, which although currently in circulation is considered to be part of the first generation euro introduced in 1999. What’s interesting about this coin’s design is that at the time they were struck the design satisfied the basic euro coin requirements of having 12 stars arranged anywhere on the obverse, but this changed shortly after the coins entered circulation when new, more definitive design requirements were enforced. All second generation designs required the 12 stars to be spaced evenly apart and in a circular shape in the outer ring, mimicking the shape of the European flag. On the Dutch 2003 1 Euro you’ll notice the stars are compressed onto the left-side of the coin in a semicircle, curving around the profile of Queen Beatrix, rather than forming a full circle to meet the new design specifications.
Likewise, all other Dutch coins issued at the same time are considered to be first generation due to their designs which clearly flout the requirements. Most notably, on the 50 cent coin you can see 12 small stars circling the effigy of Queen Beatrix at the centre of the coin, and an inscription reading ‘Koning der Nederlanden’ (Kingdom of the Netherlands) with the name of the Queen and the year of issue engraved where the 12 stars should be (according to the standard guidelines).
Germany
We’ll finish our trip through the pockets of the Eurozone in Germany, where there are several coins of note, including the 1 and 2 euro. These euros feature The Federal Eagle, which holds high symbolic value in Germany. The Federal Eagle is the oldest existing state symbol in Europe and one of the oldest insignia in the world, dating back to Germanic tribes and the Romans who saw the eagle as an incarnation of the god Odin, the supreme deity of vitality and the sun. The symbol was adopted by many states and noble houses in their coat of arms, resulting in a long tradition in Germany. Unlike euros issued in other countries, German euros carry the mintmark of the region where they are minted: ‘A’ for Berlin, ‘D’ for Munich, ‘F’ for Stuttgart, ‘G’ for Karlsruhe and ‘J’ for Hamburg.
Another main symbol of Germany is The Brandenburg Gate. Located to the west in Berlin it symbolises both the division and subsequent unification of the country, because when built the Berlin Wall cut off access to the gate for both West and East Germany. This image can be found on the German Nordic gold coins – the 10, 20 and 50 cents. The perspective of the design emphasises the opening of the gate, truly highlighting the unity and peace between Germany and Europe.
Our final destination holds by far some of the most unusual euros to be circulated, including the 2016 German 5 euro. This euro made numismatic history when it was issued, as it is not only the first commemorative 5 euro to be issued by Germany, but it is also the first coin in history to feature a brand new material in the minting process – a translucent polymer.
The coin features a millimetre-fine blue translucent ring made from polymer on its bi-metal surface, and this innovative technology makes it the first coin to keep up with banknotes in terms of counterfeit prevention. Remarkably the colour of the blue Polymer ring is different for each of the 5 regional mints, varying from light blue to a very dark blue. 10 years of research went in to producing this coin, and has since paved the way for a collectable series of German 5 euro coins based on the ‘climate zones of Earth’ to be issued over 5 years using the same minting techniques to produce a different coloured ring for each coin.
Error coins and rarities
In Italy in 2002, 7,000 1-cent Mole Antonelliana error coins were struck on 2-cent blanks. These rare error coins have been known to sell for thousands of euros, with one bidding war reaching the dizzying heights of €6,600 back in 2013!
2002 was also the year that France minted just 9,000 2-cent coins featuring a young feminine Marianne, known as ‘the national emblem of France’ and a ‘personification of Liberty and Reason’. These rare coins are easily overlooked, but with so few of them in circulation they are certainly worth keeping your eyes peeled for.
Other coins with very low mintage figures include the 2011 Greek 2 euro, the 2008 German 5-cent, the 2013 Cyprus 1 euro and the 2002 Belgium 10-cent.
An interesting series of 5 euro coins to look out for comes from Germany and was created to reflect Earth’s climatic zones with the use of coloured plastic polymer rings to represent each zone. The first coin was issued in 2017 and the series will continue releasing one coin per year until 2021.
I hope you’ve enjoyed our little road trip through Europe and some of the fascinating finds you could discover in your change on your next trip abroad, but don’t worry Change Checkers, as you don’t have to wait until your next holiday to snap up some of these fascinating euros…
Secure 10 fascinating finds from the Change Checker Euro Collection
This set of 10 commemorative coins from all over Europe includes:
- Italian 2 Euro – featuring poet Dante Alighieri
- Spanish 2 Euro – featuring the King of Spain Juan Carlos
- Dutch 1 Euro – featuring a half side portrait of Queen Beatrix
- German 1 Euro – featuring an Eagle, the symbol of German sovereignty
- Italian 1 Euro – featuring the famous drawing by Leonard da Vinci
- French 1 Euro – featuring the Liberte Egalite Fraternité (Tree of life)
- Dutch 50 cent – featuring Queen Beatrix
- German 50-Cent – featuring Brandenburg Gate
- Portuguese 50-Cent – featuring the Coat of Arms and castles
- Italian 50-Cent – featuring the Italian Emperor Marcus Aurelius